Vascon Engineers are proposing to start Phase II ‘Vista’ which is a housing venture in Nashik with an investment of Rs. 30 Crores, also the firm has started its first IT Park in Nashik with a developed area of 4 Lakhs Sq.ft. MD of Vascon Engineers said to www.propertykhazana.com that, “We are proposing to start our Phase II housing venture ‘Vista’ near its IT Park in Nashik and in this Phase II there will be 4 buildings on 3 acres of property with the total area of 2.5 Lakhs Sq.ft. These 4 buildings will have 125 apartments in both types 2 BHK and 3 BHK, with a built-up area of 1000-1500 Sq.ft.”

As per to the sources saying at the www.propertykhazana.com, 1st Phase of ‘Vista’ comprises 125 apartments on 3.5 acres and out of these about 85% of apartments are sold as of now. Group has invested Rs. 45 Crores in its IT Park known as ‘V-Tech’ and the firm has formed 2 buildings spreading on 8 acres plot with a total developed area of 5 Lakhs Sq.ft. The BPO giant WNS has obtained built-up area of 60,000 Sq.ft in IT Park. He also added that, “We are getting feedbacks, we are sure that these 2 buildings of IT Park will be fully obtained within a year. We are about to start the construction of 3rd building in the coming months.” For more updates on real estate market browse www.propertykhazana.com.